By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion pay package because shareholders voted for the compensation, despite a judge rescinding it earlier this year, according to a court filing made public on Thursday. The company’s filing comes two weeks after Tesla shareholders voted […]
By Ross Kerber (Reuters) – With major Tesla shareholders appearing divided over whether to endorse Elon Musk’s $56 billion pay package, the company also is looking for support from retail investors who make up an unusually high percentage of the electric carmaker’s ownership base. Small investors tend to favor management, but they often don’t bother […]
Robyn Denholm said Elon Musk faces no shortage of ideas and “other places” he could work on them.Fairfax Media/Getty Tesla board chair warned shareholders that Elon Musk could take his ideas “other places.” Musk has said he’d prefer to build AI and robotics products outside of Tesla without more control. Robyn Denholm said the pay package […]
Following the infamous door-plug blowout on Air Alaska flight 1282 on January 5, the Boeing board tore up its succession plan. Only three weeks earlier, Boeing had announced that Stephanie Pope, who’d served as CFO at both the Global Services and Commercial Airplanes divisions, and then headed the former unit for the previous fifteen months, […]
Over the last few years, former Seattle Seahawks and Denver Broncos quarterback Russell Wilson has been the subject of several punchlines. From corny catchphrases to terrible play on the field, Wilson has made himself an easy target and in need of a career reset in Pittsburgh. While there is some sympathy for a decent man […]
(Bloomberg) — A rocky start for Trump Media & Technology Group Corp. shares has wiped out $4.5 billion in market value in just a couple of weeks. But it will have to lose a lot more than that to put at risk the massive special bonus due to the former president and his corporate insiders. […]
More House Republicans may quit before the end of their terms, which could potentially allow Democrats to regain control of the chamber before the elections. The early departures of Reps. Ken Buck, R-Colo., and Mike Gallagher, R-Wis., dropped the Republican majority’s margin to just one vote. Gallagher’s planned departure on April 19 is immediately after […]
Following a highly anticipated bid by Adobe Inc. (NASDAQ:ADBE) to acquire Figma, hopes were high for a union that promised digital innovations and creative workflows. However, the deal hit a roadblock as regulatory approvals from the European Commission and the UK Competition and Markets Authority proved elusive because of antitrust laws. The failed acquisition, stemming […]
In a blistering 92-page opinion, New York Supreme Court Justice Arthur Engoron delivered an impressive tutorial to former President Donald Trump and other developers on how real estate should be evaluated in obtaining bank loans and insurance policies.It’s an expensive lesson that will ultimately cost Trump many millions and will deprive him of future development […]
Feb. 17—The term “whistleblower” make evoke images of a person willing to risk everything, including their livelihood, to keep a government agency or contractor on the straight and narrow. But filing a whistleblower or qui tam lawsuit can also be a lucrative endeavor — if it’s successful. In the case of Jacob Kuriyan, in the […]
(Bloomberg) — Elon Musk leaned on Tesla Inc.’s board to arrange another massive performance award for him after he sold a significant chunk of his stake in the company to acquire Twitter. Most Read from Bloomberg In one of several posts on the topic, Musk wrote that unless he has roughly 25% voting control at […]
A lot of investors following Canoo (NASDAQ: GOEV) view it as a potential lottery ticket. And in some ways that’s true, with either losing money or a very small chance at being a big winner the two most likely outcomes. In this video, Motley Fool contributors Jason Hall and Tyler Crowe walk investors through some […]